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World Bank

World Bank: Forty million Africans are at risk of falling into extreme poverty because of the Covid-19 pandemic

October 9, 2020 Steven Addamah 0

Leaden by the economic fallout from the Covid-19 pandemic, growth in Sub-Saharan Africa is expected to drop to -3.3% in 2020, leading the region into […]

Despite Covid 19 slowdown Comorian diaspora increase its money transfers towards home

July 1, 2020 Geraldine Boechat 0

Comorians in the diaspora have been particularly generous since the beginning of the Covid-19 pandemic. money transfers increased by a third in the first five […]

Coronavirus: World Bank pledges $60 mln to Kenya

March 17, 2020 Khalid Al Mouahidi 0

The World Bank on Monday announced a $60 million grant to help Kenya battle the coronavirus outbreak. According to the World Bank, the funding will […]

Cameroon: World Bank allocates $200 million to support development policies

October 18, 2019 Khalid Al Mouahidi 0

The International Development Association (IDA), a subsidiary of the World Bank which offers concessional loans and grants to the world’s poorest developing countries, has signed […]

Tanzania: WB releases $4.5 million for drinking water supply to 165 villages

September 30, 2019 Khalid Al Mouahidi 0

The World Bank has awarded a $4.5 million grant to Tanzania to build drinking water supply networks using solar off-grid systems in rural areas. Only […]

Tanzania: World Bank lifts aid embargo, approves new loan

September 13, 2019 Khalid Al Mouahidi 0

The World Bank has approved a $450 million loan to Tanzania, the bank said on Friday. The move comes a year after the Bretton-wood institution […]

Botswana announces massive investments in renewable energy

April 30, 2019 Khalid Al Mouahidi 0

The government of Botswana has recently reached an agreement with the World Bank to develop a national strategic plan for the development of renewable energy […]

Guinea gets $106 million to develop off grid projects

April 4, 2019 Khalid Al Mouahidi 0

In Guinea, the World Bank and the French Development Agency (AFD) will support electrification projects in the capital city Conakry, and develop off grid in […]

AfDB, World Bank commit more funds for renewable energies in Africa

March 15, 2019 Khalid Al Mouahidi 0

The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]

World Bank Injects $50 Million to Improve Southern Africa Agriculture Productivity

December 20, 2018 Steven Addamah 0

Efforts to improve agriculture productivity in Southern Africa got a boost following the World Bank Board approval this week of a $50 million project to […]

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News

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  • Tiznit-Dakhla Roadway named “President Donald J. Trump Highway”, US President Expresses Thanks to King Mohammed VI
  • Mali Reaffirms Commitment to Royal Initiative Promoting Sahel Countries’ Access to Atlantic Ocean
  • Gabon Secures €312m Railway Financing and Manganese Deal During President’s France Visit
  • Morocco, Mali relaunch business council to deepen economic partnership
  • World Bank: Morocco Posts Its Strongest Growth in a Decade
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